The financing includes $188 million in non-recourse construction debt and $31 million in letters of credit.
The law requires all new warehouses that are at least 100,000 square feet to reserve up to 40% of their roof area for solar arrays.
The solar array will contribute up to 35 MW to the grid and store up to 240 MWh for dispatch during evening peak demand.
The solar project Caracoli was secured in a public auction, and the power will be sold via a 15-year power purchase agreement.
Hurricane-force wind gusts hit New England during a late October storm, damaging at least one rooftop solar array and leading Commercial Solar Guy to offer a few pointers.
Solential said it is in final negotiations with a major Midwestern city to install the region’s first floatovoltaic solar system.
Rapidly falling price of solar panels has created an impetus for the construction of solar fields, which is often perceived as competing with crop production.
Also on the rise: NREL points to energy efficiency as a good substitute for energy storage, and a salary survey finds a widening pay gap between women and men in the solar sector.
Utility-scale solar–both thin-film and crystalline silicon–as well as wind have the lowest LCOE of all U.S. sources considered.
Reducing building energy usage by about 60% is key to a least-cost 100% renewable energy grid, the study found.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.